Sky Italia subscriber base remains at 4.8 millionWednesday, November 4th, 2009
Earnings Release For The Quarter Ended September 30, 2009
NEW YORK, NY — News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today reported first quarter consolidated operating income of $1.04 billion, an increase of 9% compared with $953 million of operating income reported a year ago.
Direct Broadcast Satellite Television
SKY Italia reported first quarter operating income of $128 million, a decrease of $37 million versus the $165 million in operating income reported a year ago. Slight local currency revenue growth was more than offset by increased programming costs, reflecting a larger average subscriber base, higher soccer costs and the addition of 16 new channels over the year ago quarter. SKY Italia’s 4.8 million quarter-end subscriber base remained unchanged compared with fiscal year end, as gross subscriber additions in the quarter were fully offset by existing subscriber cancellations.
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